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Here are the December median sale prices as reported by the Real Estate Board of Greater Vancouver:
| Housing Type | December 2007 | November 2007 | December 2006 |
| Detached | $685,000 | $669,000 | $622,000 |
| Townhouse | $450,000 | $452,000 | $388,000 |
| Condo | $296,000 | $297,000 | $240,000 |
The median price for detached houses for December was higher than in November, and the year-over-year price was about 10% higher than December 2006 price.
So far, Richmond’s housing activities on listings and sales ratio remain healthy. CMHC is projecting further price gain in the Greater Vancouver house prices for 2008.
The monthly total active listings, monthly units listed and sold for detached homes, townhomes and condos in Richmond, British Columbia are presented here.
James Wong Richmond BC Realtor > Richmond Remax Realtor> Remax Westcoast > Richmond homes for sale, Richmond BC townhouses, Richmond BC condos > Vancouver mortgage broker > Richmond mortgage broker.
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Seems like the detached houses are going up , while the condo's have peaked a bit.
or is that just christmas slowdown?
I like to use Brian Ripley's real estate charts to follow the housing prices in the major cities in Canada. The monthly charts together with the moving 6 month average can better track the pricing trends. Here is the link to Brian's charts.